Constructive Engagement: Directors and Investors in ActionGower Publishing, Ltd., 2005 - 286 sivua The relationships between investors, directors and companies have never been so vital, or so confusing. Gone are the days when being a non-executive director (NED) meant an agreeable lunch, and when CEOs wanted them to meet investors 'over my dead body'. Even the most admired companies can be engulfed in scandal, and the NEDs find themselves having to drive through fundamental changes. The corporate environment is full of pitfalls for unwary boards. And there are plenty of headline stories of directors who have failed to measure up. Equally, a high quality board which has the confidence of the investors is a major strategic asset: making better decisions, attracting better people and allowing bolder strategies to succeed with investor backing. Nicholas Beale uses research gathered from leading FTSE 100 chairmen, directors and investors to explore the changing roles and relationships of chairmen, executive and non-executive directors, and investors. engagement; an approach that sees these companies (and the people behind them), each in their own way, address the challenges that are at the heart of global capitalism, and that have lead to the Higgs Review, Sarbanes-Oxley and other regulatory attempts to address corporate mismanagement. From discussions with over 100 leading practitioners, detailed studies of three leading companies, three leading investors and an extended case study on investor engagement at Royal Dutch Shell, the author draws a series of ideas and guidance for all of the parties involved. Sadly this book has come too late for the directors and investors of those companies that have crashed and burned. But for all others who are, or aspire to be, directors or significant investors in listed companies: read this book, learn the lessons it has to offer, and start adopting them in the organization(s) with which you work and in the portfolios you develop. |
Sisältö
Axes of Engagement | 3 |
Someone of Sound Mind | 21 |
A Policemans Lot | 29 |
Seven Pillars | 47 |
BP | 49 |
Tate Lyle | 71 |
Vodafone | 81 |
BGI | 97 |
Constructive Engagement in Action Royal Dutch Shell | 121 |
Notes of Experience | 147 |
Chairmanship and Board Effectiveness | 149 |
The Independent Directors and Executive Directors | 167 |
Reflections on the Investment Industry | 193 |
Perspective on the Governance Landscape and Trends | 211 |
Unscientific Postscript | 219 |
From Governance to Stewardship | 221 |
Muita painoksia - Näytä kaikki
Constructive Engagement: Directors and Investors in Action Mr Nicholas Beale Rajoitettu esikatselu - 2012 |
Constructive Engagement: Directors and Investors in Action Nicholas Beale Rajoitettu esikatselu - 2017 |
Constructive Engagement: Directors and Investors in Action Nicholas Beale Esikatselu ei käytettävissä - 2017 |
Yleiset termit ja lausekkeet
accounting analysts appointed Arun Sarin Asset Management Audit Committee became BP's CalPERS cent chair Chairman and CEO Chapter Chris Gent clients Combined Code Company Secretary constructive engagement corporate governance David Simon decisions dialogue discussion effective Enron example ExCo executive directors Fidelity firm focus FTSE fund managers global governance issues hedge funds Higgs important independent director institutional internal investment bank investment management judgement Lead Investor Lord MacLaurin Main Board Mannesmann merger NAPF NEDs NomCo non-executive directors Paul Myners pension funds performance problem questions Racal relationships RemCo Remuneration Committee reserves responsible role Royal Dutch Royal Dutch/Shell senior share price shareholders Shell T&T stewardship strategy structure successful Supervisory Board Tate & Lyle telecoms things understand Vodafone Vodafone's vote